Cheapest Mansion In America

Buying a home is a big purchase. According to the census the median age of the city is 25 8 years old.

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Cheapest mansion in america. When you buy a home in iowa you buy a bit of america s heartland. The second louisiana metro area on the best affordable places to live list lafayette has a cost of living of just 20 76 of the median household income. Seriously the scale of these mansions is simply jaw dropping.

It is still possible to buy a home in the united states for less than the two year appreciation on that 500 000 house. Mansions are defined as residences with at least 8 000 square feet of floor space according to financial website gobankingrates which cites data from the national association of realtors. Check out the cheapest mansions and castles for sale.

The average square footage of a single family house in the united states is about 2 000 square feet and anything over 3 000 is considered. Although the nightlife isn t exactly raging it s a clean cheap low crime affordable area that s regularly called out as one of the best places in america to raise a family. But with the cost of living on the rise across the us tracking down affordable real estate can be a challenge.

These folks are wealthy sure but their wealth pales in comparison to the folks who built the largest mansions ever constructed in america. Visit business insider s homepage for more stories. Are not the ritziest.

Iowa city is also incredibly popular with younger people. Buyers can find sprawling mansions like the landmark hook estate a 9 000 square foot ornate tudor with seven bedrooms on 3 acres of english gardens for just 399 900. That s not a typo.

Unemployment in iowa is at an all time low and the economy is booming making it one of the cheapest places to buy a house. From amazing castles selling for 1 to other insanely cheap real estate this top 10 list of deserted but dirt cheap real estate will make you. The 12 absolutely cheapest places to buy a house in america do you really want to live in buffalo under eight feet of snow.

The low cost of living helps balance out the area s lower median annual salary which at 39 940 is more than 10 000 below the national average. The most affordable places to live in the u s. There s a catch of course.

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